If you want to know why Hollywood handouts are a bad idea, just listen to Gov. Joe Lombardo.

In February, Steve Sebelius of KTNV-TV, Channel 13, interviewed Lombardo. Sebelius asked him about Democrat efforts to pass a film tax credit program.

“The narrative you just provided, I’m not supportive as the governor,” Lombardo said. Further, “I just don’t see that being good policy, good investments for the constituents and the state of Nevada.”

That’s certainly true. Transferable film tax credits are financial losers. They don’t just exempt productions from paying the sales tax or modified business tax. Transferable tax credits can be sold, which means they function as de facto subsidies. In a 2023 report, Georgia found that its long-established film tax credit program returned around 20 ce

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